Global Flexible Printed Circuit Board (FPCB) Market
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Global Flexible Printed Circuit Board (FPCB) Market was valued US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at CAGR of 11.5% during forecast period of 2020 to 2027.
Global Flexible Printed Circuit Board (FPCB) Market Drivers and Restrains:
Flexible PCBs are highly efficient interconnectivity solutions that are used for an extensive range of electronic devices to avoid complex circuitry. Flexible PCBs are also used for efficient interconnection among electronic components like integrated circuits, resistors, and capacitors. Benefits such as lightweight and economical nature, design freedom, and simple structuring are impelling the flexible PCBs market growth.
The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
The global flexible printed circuit board (FPCB) market is driven by reliable applications, high packaging flexibility, and quality performance. Increasing demand and production of consumer electronic devices such as mobile phones has a positive impact on the market growth. However, the sluggish uptake of technology in emerging economies is expected to hampering the market growth at the global level.
Developments in polymer plastic solar cells and foldable smartphones are likely to create lucrative opportunities in the global flexible printed circuit board (FPCB) market. This is evidence, as the revenue from advanced polymer plastic solar cells and foldable smartphones are estimated to reach approximately XX million by 2026.
Global Flexible Printed Circuit Board (FPCB) Market Segmentation Analysis:
Based on the end user, the consumer electronics segment has led the flexible printed circuit board (FPCB) market in 2019 and is estimated to generate more than US$ XX Mn market revenue by 2027, with a CAGR of XX%.
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Last Update : 25 September 2020
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